U.K. Launches Onshore Oil and Gas Licensing Round

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The U.K. government is launching its first onshore oil and gas licensing round in six years—the latest step in efforts to unlock shale gas reserves amid worries over increasing dependence on energy imports.

Ryanair Quarterly Profit Soars

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Ryanair, Europe's largest discount airline, raised its full-year earnings forecast and said it would pay a special divided after first-quarter profit more than doubled.

Audi Cuts Prices of Parts in China

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Audi on Saturday announced price cuts for spare parts of up to 38% in China, the company's largest market, as the Chinese government steps up its scrutiny of foreign luxury-car makers.

When It Comes to Office Work, You Can't Be Too Careful

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Safety awareness is serious business at workplaces such as construction sites, food manufacturing plants, mines and oil rigs. Now field-inspired safety protocols are migrating to the office, where hazards include dripping umbrellas and hot cups of coffee.

Oil Prospectors Shift Back to Wealthy Lands

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After decades focusing on less-developed nations, big oil companies are piling back into wealthy countries with political stability that provides more-predictable cash flow.

An $800 Sneaker Plays Hard to Get

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The sudden appeal of Buscemi sneakers, a year-old shoe that costs $800 a pair, marks a new chapter in conspicuous consumption, fueled by social media, celebrities and purposefully tight supplies.

There's No Flying in Drone School

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With a coming boom expected in the unmanned-aircraft industry, universities and colleges are scrambling to train pilots. But thanks to government rules, they can't actually get the devices off the ground.

Luxembourg Covets the Yuan

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The small nation is seeking to be at the heart of a new trend in global finance: the rising use of China's currency outside its home market.

Cotton Price Unravels as Supplies Rise

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Cotton prices have retreated to the lowest level in nearly five years as investors worry that global production could overwhelm demand for the fiber.

A High Seas Comeback for Sails?

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As the shipping industry struggles with high fuel costs and tepid demand, some innovators say that high-tech sails may hold the secret to cheaper and cleaner fuel.

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